Bob Dylan sells entire song catalog to Universal in blockbuster deal [View all]

[Tanuki]

https://www.nytimes.com/2020/12/07/arts/music/bob-dylan-sells-publishing.html

..."On Monday, the Universal Music Publishing Group announced that it had signed a landmark deal to purchase Dylan’s entire songwriting catalog — including world-changing classics like “Blowin’ in the Wind,” “The Times They Are A-Changin’” and “Like a Rolling Stone” — in what may be the biggest acquisition ever of the music publishing rights of a single act.

The deal, which covers Dylan’s entire career, from his earliest songs to the tunes on his latest album, “Rough and Rowdy Ways,” was struck directly with Dylan, 79, who has long controlled the majority of his own songwriting copyrights.

The price was not disclosed, but is estimated at more than $300 million.
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Dylan’s deal includes 100 percent of his rights for all the songs of his catalog, including both the income he receives as a songwriter and his control of each song’s copyright. In exchange for its payment to Dylan, Universal, a division of the French media conglomerate Vivendi, will collect all future income from the songs."...(more)